Corzine Resigns From MF Global

Nov 4 2011 | 7:31am ET

Jon Corzine has resigned from all his posts at MF Global Holdings.

The resignation was announced in a statement from the company’s board of directors on Friday. It said Corzine will not seek severance payments.

Edward L. Goldberg, the lead director of the board, and Bradley I. Abelow, the firm’s president and COO, will continue in their current positions.

MF Global Holdings, the former futures brokerage which spun off from the Man Group two years ago, had its plan to liquidate approved on Wednesday by a federal bankruptcy court judge who appointed a trustee.


In Depth

Creating An Offshore Hedge Fund Dream Team: The Seven Key Players

Jun 26 2015 | 6:47am ET

If you want to set up an offshore hedge fund, like any great team, you’re only...

Lifestyle

Hedgies Set to Compete in Wall Street Decathlon

Jun 8 2015 | 12:37am ET

The Wall Street Decathlon — a 10-event physical challenge that will crown “Wall...

Guest Contributor

6 Essential Principles To Balance Your Investment Risk

Jun 26 2015 | 10:07am ET

In this article, financial expert Greg Silberman explores how to hedge a private...

 

Editor's Note